Selective Q1 EPS rises to $1.76 from $1.31; full-year combined ratio guidance unchanged
Selective Insurance Group reported first-quarter 2025 net income of $107.6 million available to common stockholders, or $1.76 per diluted share, up from $1.31 a year earlier, with the GAAP combined ratio improving to 96.1% from 98.2%. The company kept its full-year 2025 combined ratio guidance at 96% to 97%, which matters to shareholders because it signals the insurer expects the first-quarter improvement to be sustained for the year.
Key points
- Net income available to common stockholders was $107.6 million, or $1.76 per diluted share, versus $80.2 million, or $1.31, in Q1 2024
- Net premiums written rose 7% to $1.24 billion; Commercial Lines renewal pure price increases averaged 9.1%
- Full-year 2025 GAAP combined ratio guidance of 96% to 97% was unchanged; after-tax net investment income guidance is $405 million
- The company repurchased 233,611 shares for $19.4 million in Q1 and declared a quarterly common dividend of $0.38 payable June 2, 2025
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.